Real Matters (TSE:REAL) Price Target Lowered to C$9.00 at Raymond James

Real Matters (TSE:REAL) had its target price reduced by Raymond James from C$10.50 to C$9.00 in a research report released on Friday,BayStreet.CA reports.

Other equities analysts also recently issued reports about the stock. BMO Capital Markets boosted their target price on shares of Real Matters from C$6.50 to C$7.50 and gave the stock a “market perform” rating in a report on Friday, August 2nd. National Bankshares boosted their target price on shares of Real Matters from C$8.00 to C$9.00 and gave the stock a “sector perform” rating in a report on Thursday, October 24th. Canaccord Genuity Group boosted their target price on shares of Real Matters from C$8.75 to C$10.00 and gave the stock a “buy” rating in a report on Wednesday, September 25th. Cormark boosted their target price on shares of Real Matters from C$8.00 to C$8.75 in a report on Monday, September 23rd. Finally, TD Securities boosted their target price on shares of Real Matters from C$7.00 to C$8.50 in a report on Friday, August 2nd. Two equities research analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, Real Matters currently has a consensus rating of “Moderate Buy” and a consensus target price of C$8.82.

Real Matters Stock Performance

REAL stock opened at C$6.38 on Friday. The company has a debt-to-equity ratio of 2.92, a current ratio of 4.77 and a quick ratio of 3.75. The business has a 50-day moving average price of C$8.04 and a 200 day moving average price of C$7.01. The company has a market capitalization of C$468.48 million, a P/E ratio of 159.50, a PEG ratio of -59.18 and a beta of 0.86. Real Matters has a 1-year low of C$4.95 and a 1-year high of C$9.46.

Insider Transactions at Real Matters

In related news, Director Frank Vincent Mcmahon sold 33,451 shares of the company’s stock in a transaction that occurred on Monday, September 30th. The stock was sold at an average price of C$9.25, for a total value of C$309,425.10. Also, Senior Officer Ryan Jacob Smith sold 91,703 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of C$8.15, for a total value of C$747,351.94. Over the last 90 days, insiders have sold 182,112 shares of company stock worth $1,541,016. Insiders own 5.17% of the company’s stock.

About Real Matters

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.